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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Richard Mazzarella who wrote (7793)3/22/1999 9:00:00 PM
From: Grabs  Read Replies (1) of 11603
 
Richard-

Thanks for the links and the update in your prior post. Looking it over, I conclude that much of the risk has been already been dealt with. It seems like we should have completed Assays in Mid April. Do you think test results will be done by the AGM? I remember IPM (I'm sure you do to) where the sub .01 Opt numbers basically ended the party. Any risk of that happening here again? Is the land different chemically than BRX? Is Maxam's mining technique some kind of black box formula like IPM's was

I only have a couple thousand shares, but am considering averaging down before the AGM (my basis is $0.80). I'm not looking for investment advice, but what's your take on the potential value here?

Grabs
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